5459 Main St, Shallotte, NC 28470
This exceptional 0.77-acre commercial land parcel is situated on Main Street in Shallotte, North Carolina, at 5459 Main St., zip code 28470. The property boasts a prime location in the rapidly expanding south end of town, offering excellent visibility and accessibility. Currently zoned B-2 by the town of Shallotte, this versatile lot presents a unique opportunity for redevelopment or repurposing. The existing building on the site has been gutted, minimizing any existing structure value. The property shares a driveway with an adjacent automotive business. This high-elevation lot provides significant advantages for any new construction. The area surrounding the property demonstrates strong economic indicators, with an average household income exceeding $62,000 within a one-mile radius. High traffic counts further enhance the property's commercial potential. The APN is 19700068. This is an ideal location for entrepreneurs and investors seeking a strategic foothold in a thriving North Carolina market. The asking price for this exceptional opportunity is $400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.